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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

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To: joseph a. mackie who wrote (22)	12/19/1996 7:04:00 PM
From: winston paris	of 584

Dear Josef, I feel your pain. I sense a deep hatred for Morgan Stanley and Smith Barney and Goldman...but you must let go of your hate(like your cash)...Those boys POUNDED poor TechData today. No mercy whatsever... WHY? Well, the Chaiman of the Board just dumped 100,000 shares (announced 12/18); TECD officials have been talking down 4Q earnings as November apparently came in a little soft, though they are feeling confident about December sales(I'm so happy for them)....so there may be some trimming of estimates. All told, I think the stock is a COMPELLING buy in the low to mid twenties...particularly for longer term investers. Tomorrow I will buy more for 25 1/4....and 23....and 22 1/4....and 18 7/8......and at 13 I start to.....SELL!!! I ain't fucking bitter so shut up! Regards, Winston

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